# Farmers give new dairy safety net a try | Capital Press

> Dairy farmers in Idaho are welcoming a recent milk price rally after years of weak prices. Rising feed costs are expected to add $1.50 to $2 per hundredweight to production costs. The new Dairy Margin Coverage program, replacing the Margin Protection Program, takes effect this year.

- Date: 2019-07-01 · published 2019-07-01T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/4200-farmers-give-new-dairy-safety-net-a-try-capital-press
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising feed prices squeeze dairy margins, and the new federal coverage program shapes how farmers manage that risk. Buyers should watch feed demand and margin support for the dairy herd.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-08-22 | [Farmers, lawmakers dial up pressure over biofuel policy](https://feedsoft.ai/events/57452-farmers-lawmakers-dial-up-pressure-over-biofuel-policy.md) | +2.4% | +1.3% |
| CORN | 2018-07-25 | [Farmers prefer Trump do trade deals than hand them cash \| Tyler Morning Telegraph](https://feedsoft.ai/events/6572-farmers-prefer-trump-do-trade-deals-than-hand-them-cash-tyler-morning-telegraph.md) | +3.5% | +2.0% |
| CORN | 2021-01-07 | [Return to food protectionism is riling farmers in Argentina \| Air Freight News](https://feedsoft.ai/events/49005-return-to-food-protectionism-is-riling-farmers-in-argentina-air-freight-news.md) | +5.6% | +13.4% |
| CORN | 2017-03-01 | [Did fake news spark Tuesday’s market rally? – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/7825-did-fake-news-spark-tuesday-s-market-rally-ohio-ag-net-ohio-s-country-journal.md) | -0.7% | -1.8% |
| CORN | 2018-10-01 | [New Nafta Has American Corn Farmers Breathing Easier - Bloomberg](https://feedsoft.ai/events/62572-new-nafta-has-american-corn-farmers-breathing-easier-bloomberg.md) | +1.2% | +0.7% |
| SBM | 2020-03-09 | [Argentine farmers begin four day sales strike to protest higher export taxes — MercoPress](https://feedsoft.ai/events/53992-argentine-farmers-begin-four-day-sales-strike-to-protest-higher-export-taxes.md) | -1.8% | +0.6% |
| SBM | 2020-03-06 | [Farmers unions call four-day strike after rise in soy duties \| Buenos Aires Times](https://feedsoft.ai/events/53990-farmers-unions-call-four-day-strike-after-rise-in-soy-duties-buenos-aires-times.md) | -0.6% | +2.9% |
| SBM | 2019-12-24 | [Argentine government taxes farmers to fund spending - Grain Central](https://feedsoft.ai/events/55423-argentine-government-taxes-farmers-to-fund-spending-grain-central.md) | -0.5% | -0.8% |

## Sources

- capitalpress.com: https://capitalpress.com/2019/07/01/farmers-give-new-dairy-safety-net-a-try/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.